To analyze this 10mln marketcap gem, we will use similar steps to the previous analysis. The chart provided appears to be using weekly candles and includes Fibonacci retracement levels, which are useful for identifying support and resistance levels.

Chart Patterns and Indicators:

1. Fibonacci Retracement Levels:

0.236 (0.012659)

0.382 (0.019201)

0.5 (0.024489)

0.618 (0.029777)

0.786 (0.037306)

1.0 (0.046896)

2. Moving Averages:

MA5: 16.193M

MA10: 24.031M

Observations:

1. Current Price: 0.009919, which is below the 0.236 Fibonacci level at 0.012659.

2. Volume: There is a notable increase in volume, suggesting increasing interest and potential for a bullish move.

Strategy for Bullish Entry:

1. Identify Key Levels:

Support Level: Near the current price, the immediate support is around 0.008200, which is the recent low.

Resistance Levels: The immediate resistance is the 0.236 Fibonacci level at 0.012659.

2. Entry Point:

Breakout Entry: Enter a long position if the price breaks and closes above the 0.236 Fibonacci level (0.012659) with significant volume. This breakout would indicate a potential shift in trend and further upward movement.

3. Confirmation:

Confirm the breakout with increased volume to ensure the move is strong.

Look for a bullish candlestick pattern such as a hammer or bullish engulfing at the breakout point.

4. Retest Strategy:

If the price breaks above 0.012659 and then retests this level, enter a long position if the retest holds and shows bullish confirmation.

5. Stop Loss:

Place the stop loss below the recent support level or below the breakout level. For instance, if entering at 0.012659, a stop loss around 0.009000 provides a buffer against false breakouts.

6. Targets:

First Target: 0.019201 (0.382 Fibonacci level)

Second Target: 0.024489 (0.5 Fibonacci level)

Third Target: 0.029777 (0.618 Fibonacci level)

Fourth Target: 0.037306 (0.786 Fibonacci level)

Final Target: 0.046896 (1.0 Fibonacci level)

Example Strategy:

Entry: Enter a long position at 0.013000 after confirming a breakout above the 0.236 Fibonacci level (0.012659).

Stop Loss: Place a stop loss at 0.009000.

First Target: 0.019201 (0.382 Fibonacci level).

Second Target: 0.024489 (0.5 Fibonacci level).

Third Target: 0.029777 (0.618 Fibonacci level).

Fourth Target: 0.037306 (0.786 Fibonacci level).

Final Target: 0.046896 (1.0 Fibonacci level).

Summary:

Monitor for Breakout: Watch for the price to break above the 0.236 Fibonacci level (0.012659) with increased volume.

Confirm the Move: Ensure volume supports the breakout.

Entry and Retest: Consider entering on the breakout or a successful retest of the breakout level.

Manage Risk: Use a stop loss below the recent support level or the breakout level.

Set Targets: Use Fibonacci levels to set progressive targets for taking profits.

By following these steps, you can identify a potential bullish entry point while managing risk and setting clear profit targets.